Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. $3,680,000 Sales Cost of sales: Direct material Direct labor Variable overhead Fixed overhead Gross profit Selling and General & Admin. Exp. Variable Fixed Operating income $518,000 340, eee 284, eee 690,00 1,832, eee $1,848,000 768,888 268,eee 1,036, eee $ $12,eee For the coming year, the management of Evergreen Corporation anticipates a 5 percent decrease in sales a 10 percent increase in all variable costs, and a $54.000 Increase in fred costs. The operating profit for next year would be Multiple Choice . Oo oo $736.750 539000 Piev 48 50